Member Info for honestbob

I visited newly opened Aldi - nice shop what appears good quality products and competively priced. Compared to sainbsurys their range is narrow - although in fairness whatever you need in food / household line they probably have - if you re happy with little choice and what they have selected to represent a product line. I think many people would have trouble doing all of their shopping there and would need to use it alongside Sainsburys, Tesco ASDA etc. This is what a lot of people I know do - nip into Aldi for a range of cheaper products then larger supermarket for the balance. A lot of friends have not got the time to go shopping twice to save a few pound and just use their main store .This I think is what Sainsburys should concentrate on - the fact that they have a complete range and they are a one stop shop. Rather than compete on a battlefield of the discounters choosing i.e. simply price which they are struggling to win.

i think you are absolutely right - by attempting to compete on price with lidl aldi and tesco sainsbury actually boost their competitors by implying there is little difference in their products stores or service -.For many years , like waitrose or marks and spencers, sainburys was viewed rightly or wrongly as a premium brand . They seem to have done their very best to throw away this massive edge.

asda teco and sainsburys all made losses in their last accounts their obsession with market share is costing all three dear no good having a big market share if you are selling at a loss the measure of a successful business is the size of its profits not the amount it sells hopefully management will realise this basic fact before it is too late

Interesting thought but I don't think will be allowed on competition grounds without sell off of very large number of shops .Reason I think this is that current Morrisons results from takeover of safeway some years ago and at the time lot of stores had to be sold off and those that remain were all they were allowed to keep - apart from any subsequent new builds

perhaps report serial offenders to store manager that should sharpen them up

In that case if I were you I should buy on online and be thankful you can get goods half price although must admit apart from odd special offer online prices seem fairly similar to store. Easy to forget sometimes that purpose of a supermarket is to serve customers profitably - to give something back to the owners - not to sell as much as possible as cheap as possible possibly at a loss - sometimes the supermarkets themselves fall into this trap - profit is all not market share although there can be a link

march 2014 accounts show profit up a fifth good dividend costs under control - actual sales not risen - but despite thoughts to contrary it is not about total sales - but the profit that is kept - in all looks a good solid share trading below NAV always with possibility of take over

Recent rns indicates good results and I think there is still discount to net asset vale but it has narrowed. Shares can have a degree of volatility - the share charts above do show this and as such might be attractive for a regular savings investment where pound cost averaging would benefit. Cannot really say how they compare with others for the medium term but thir own website should give performance against peers etc in the past

It is a lonely board good yield but net assets look weak at first glance certainly

Absolute madness we are island floating on coal about to run out of energy or be dependant on overseas supplies and green nonsense sabotaged most efficient coal power station about time government joined real world same government who put green tax on energy bills of the poor to pay massive subsidies to the rich with their inefficient windmills

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nayone out there

Hi kenny thanks for all research you have done I agree and think i will keep an eye on - still little uncomfortable re political situatino and will look to opportunity to buy in modestly if this priced in more Re Xel I am in 100 per cent agreement I have been tempted tempted to day trade but think there is too great a risk of taking small short term profit and then being left behind Barring spectacular announcement or disaster share price there is being driven , I think entirely by supply and demand and possibly market makers possibly foolishly I have no stop loss in place having been caught by sudden drop followed by rise which triggered it and I dont want to see a repeat I could take a good profit but on present information evry reason to hope that total amount could be life changing and all in ISA

large discount to NAV but price seems to be going nowhere